Battery Storage

Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA

The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]

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EESL and UK Firm Collaborate on New Renewable Energy Pact

EESL EnergyPro Assets Limited (EPAL) launched the new partnership at India House in London for the investment in an advanced battery storage project. A joint venture of Indian PSU Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) will invest USD 12 million in a new partnership with leading battery storage solutions provider Leclanché. […]

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Grid-Tied Residential Energy Storage to Overtake Off-Grid Storage in US In 2017

A new report from GTM Research has determined that for the first time ever, grid-tied residential battery storage deployment will overtake that of the traditionally-leading off-grid and grid-independent battery storage systems across the United States in 2017. GTM Research published its latest report this week, U.S. Residential Battery Storage Playbook 2017, which details the battery […]

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Battery Storage, Smart Grid, Efficiency Firms raise USD 1 Billion in H1

USD 1.03 billion was raised by battery storage, smart grid, and energy efficiency companies compared to USD 807 million in the comparable period last year. Battery storage, smart grid, and energy efficiency companies received venture capital funding worth over USD 1 billion globally in the first half of this year, says a Mercom Capital Group […]

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Former First Solar CEO to Lead EOS Energy Storage

Eos Energy Storage – a safe, ultra-low cost Znyth battery major announces incumbency of former CEO of First Solar – Jim Hughes. Joining as Chairman of the Board, Jim will be responsible to avant-garde the company from technology development to commercial manufacturing and product deployment. The strategic appointment comes amid the company’s announcement of a $23M Series […]

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